Economic Development Specialist Salary
Earnings for Economic Development Specialists in the United States come in at around $47K annually on average. Nearly all enjoy medical while a strong majority get dental coverage. Vision coverage is also available to a majority. Women are just slightly outnumbered, with male Economic Development Specialists making up 56 percent of survey respondents. Most Economic Development Specialists report high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.
Job Description for Economic Development Specialist
- Help individuals and companies achieve financial stability, business and economic growth, and other related economic opportunity goals.
- Reach out to potential clients and track and report on their outcomes.
- Develop strong knowledge of different resources that will help clients, such as various educational agencies; employment, health, and counseling services; and rules and regulations for community development projects.
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Pay by Experience Level for Economic Development Specialist
Median of all compensation (including tips, bonus, and overtime) by years of experience.
The median compensation for relatively untried workers is $46K; in the five-to-10 year group, it's higher at around $56K. Economic Development Specialists who work for 10 to 20 years in their occupation tend to earn about $42K. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $71K.
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